Image Guided Navigation Technology MarketStudy including Growth Factors, New Top Players, Competitive Analysis by regions from 2020 to 2028

The credible Image Guided Navigation Technology Market business report offers market share appraisals for regional and global levels. Under competitive assessment section, it performs in-depth assessment of the market strategies, geographic and business segments and product portfolios of the leading players in the market. It gives detailed overview of the parent market. The report contains information about key drivers, restraints, opportunities, and their impact analysis on the market size. The top notch study report provides an in-depth analysis of the global order management software market and current & future trends to elucidate imminent investment pockets.

Image Guided Navigation Technology Market report analyzes and forecasts the market on the basis of type, function and application. The report provides industry chain suppliers of market with contact information. It includes potential and niche segments/regions exhibiting promising growth. Under market development, it gives comprehensive information about emerging markets and also analyzes the market across geographies. Few of the major objectives of report include; to get a comprehensive overview of the market, to gain information about the top players in this industry, their product portfolios, and their key strategies, and to understand the future outlook and prospects for market analysis and forecast 2021-2028.

Market Analysis: Global Image Guided Navigation Technology Market

Global image guided navigation technology market is expected to register a substantial CAGR in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. This rise in market value can be attributed to the significant rise in the levels of chronic diseases and their burden on various healthcare facilities.

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Key Market Competitors:

Few of the major competitors currently working in the global image guided navigation technology market are Brainlab; Acclarent, Inc.; Koninklijke Philips N.V.; Medtronic; Stryker; B. Braun Melsungen AG; Fiagon AG Medical Technologies; Zimmer Biomet; Siemens Healthcare GmbH; KARL STORZ SE & Co. KG; Analogic Corporation; GENERAL ELECTRIC COMPANY; 7D Surgical; Varian Medical Systems, Inc.; Olympus Corporation among others.

The persuasive Global Image Guided Navigation Technology Market research report provides a comprehensive analysis on the study of industry with respect to a number of aspects. The report includes analysis and discussion of important industry trends, market size, and market share estimates. 2019 has been considered as the base year while 2018 is the historic year for calculations in the report. These calculations will provide estimations about how the Global Image Guided Navigation Technology Market is going to perform in the forecast years by informing what the market definition, classifications, applications, and engagements are. A comprehensive Global Image Guided Navigation Technology Market report additionally encompasses predictions utilizing a practical arrangement of techniques.

Global Image Guided Navigation Technology Market By Product (CT Scanners, Ultrasound Systems, MRI, Endoscope, X-Ray Fluoroscopy, PET, SPECT), Technology (Optical Navigation System, Electromagnetic Navigation System, Fluoroscopy Navigation Systems, Hybrid Navigation System, Others), Application (Neurological, ENT, Orthopedic, Cardiac, Dental, Urology, Gastroenterology, Oncology, Others), End-User (Hospital & Nursing Homes, Ambulatory Surgical Centers, Physician Practices, Clinics, Others), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2026

Competitive Analysis:

Global image guided navigation technology market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of image guided navigation technology market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Market Definition: Global Image Guided Navigation Technology Market

Image guided navigation technology is the utilization of various medical devices and visualization technology which helps physicians in diagnostic as well as surgical procedures. These navigation systems help in better understanding of the human anatomy which helps in the enhancement of surgical as well as diagnostic procedures. These systems transform the anatomy of human body in 3D or 2D images in an output device such as monitors or in physical forms.

Market Drivers

  • Increasing demands from patients to undergo minimally invasive procedures; this factor is expected to fuel the growth of the market
  • Growing volume of geriatric population resulting in higher number of patients prone to suffer from various chronic disorders can drive this market growth
  • Various innovations and technological advancements in these systems will also boost the growth of this market
  • Growing government support for enhancing the volume of cancer radiotherapy procedures; this factor is expected to propel the market growth

Market Restraints

  • Large financial costs associated with the image-guided systems; this factor is expected to hinder the growth of the market
  • Presence of strict regulatory demands from various authorities regarding product commercialization acts as a restraining factor for this market growth
  • Concerns regarding various product recalls from the manufacturers also hampers the market growth

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Segmentation: Global Image Guided Navigation Technology Market

By Product

  • Computed Tomography (CT) Scanners
  • Ultrasound Systems
  • Magnetic Resonance Imaging (MRI)
  • Endoscope
  • X-Ray Fluoroscopy
  • Positron Emission Tomography (PET)
  • Single Photon Emission Computed Tomography (SPECT)

By Technology

  • Optical Navigation System
  • Electromagnetic Navigation System
  • Fluoroscopy Navigation Systems
  • Hybrid Navigation System
  • Others

By Application

  • Neurological
  • Ear, Nose & Throat (ENT)
  • Orthopedic
    • Hip Replacement
    • Knee Replacement
  • Cardiac
  • Dental
  • Urology
  • Gastroenterology
  • Oncology
  • Others

By End-User

  • Hospital & Nursing Homes
  • Ambulatory Surgical Centers
  • Physician Practices
  • Clinics
  • Others

Key Developments in the Market:

  • In September 2019, Koninklijke Philips N.V. in collaboration with B. Braun Melsungen AG announced the availability of Onvision. It is an ultrasound system for real-time tracking of needle tip tracking in specific anesthesia. This guidance system will help anesthesiologists in accurate deployment of needle tips for patients. The device will be exhibited at “38th Annual Conference of the European Society of Regional Anaesthesia and Pain Therapy (ESRA)” being held in Bilbao, Spain from 11th-14th September, 2019
  • In May 2018, Acclarent, Inc. announced the launch of “TruDI”, an image-guided navigation system for ENT procedures. The device has been granted 510(k) clearance from the U.S. FDA which has been designed for endoscopic sinus surgeries, intra and paranasal procedures in patients requiring sinus surgeries

Reasons to Purchase this Report

  • Current and future of global image guided navigation technology market outlook in the developed and emerging markets
  • The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
  • Regions/Countries that are expected to witness the fastest growth rates during the forecast period

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